Investing in gold and silver can be an intelligent way to diversify one’s asset portfolio and be prepared for any economic uncertainty. These precious metals have been valuable for centuries and can serve as a store of value. Today, buying and trading gold and silver is possible without physically storing the asset at home. In this guide, we’ll explore different investing methods in gold and silver, explaining them point by point. Investing in gold For investing in gold, it is important to consider factors like storage, security, liquidity, market conditions, diversification of portfolio, tax implications, cost of ownership, premiums liable, and due diligence necessary before investing. These factors are highly influenced by market conditions, government policies, tax regularities, and lobbies that influence the prices of precious metals. Physical gold Buying physical gold is one of the simplest ways to invest in precious metals. Investors can purchase gold bullion coins made of pure gold, which are easy to store and trade. The carat and maker marks are embossed on the coins to certify their purity. One can also purchase special commemoration gold coins released only for a limited quantity. American Gold Eagle, Canadian Maple Leaf, and South African Krugerrand are standard names for buying and selling pure gold coins.